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Benchmarking Home at Heart Care, Inc. 401(K) Plan in Clearbrook, MN against all plans

 

Home at Heart Care, Inc. 401(K) Plan in Clearbrook, MN has the 10th-highest average account balance ($4,844) of the 38 plans in Minnesota that don't provide for automatic enrollment. That $4,844 compares to an average of $2,867 across those 38 plans.

Beating the average of $2,867 means an extra $268,840 in total assets.

Note: average account balance = total assets ÷ total participants

Home at Heart Care, Inc. 401(K) Plan has these standings among those 38 peer plans:

  • average account balance = $4,844 (10th-highest)

  • total assets = $658,820 (15th-most)

  • total participants = 136 (9th-fewest, tied)

Visualize

 
 

Peers

beat out by Select Source International 401(K) Profit Sharing Plan & Trust in Minnetonka, MN ($7,878), Lakes and Pines 401(K) Plan in Mora, MN ($7,246), The Wealshire 401(K) Plan in Medina, MN ($6,923), and College Nannies and Tutors I, LLC 401(K) Plan in Minneapolis, MN ($6,619), and 5 others, ending with Heritage of Edina, Inc. 401(K) Retirement Plan in Edina, MN ($4,993).

beat Pathways To Community 401(K) Plan in St. Paul, MN ($4,262), Stevens Unlimited 401(K) Plan in Mendota Heights, MN ($3,622), Hmong American Partnership 401(K) Plan in Saint Paul, MN ($3,615), and Eon, Inc. Retirement Plan in New Ulm, MN ($3,258), and 24 others, ending with Z H Hospitality 401(K) Profit Sharing Plan & Trust in Minneapolis, MN ($202).

References

  1. provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a of Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  3. in state. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.